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The Latest Breaking News from Vietnam

How a Navy sailor fell off his ship, played dumb — and became a Vietnam POW hero

South Dakota native Doug Hegdahl was serving with the Navy during the Vietnam War when he fell into the waters of the South China Sea – soon becoming the youngest, lowest-ranking POW at the infamous Hanoi Hilton. As a new book details how Hegdahl played dumb to his captors –…

The Independent UK

Vietnamese Property Tycoon Loses Appeal Against Death Sentence

Vietnamese Property Tycoon Loses Appeal Against Death Sentence

Truong My Lan, a property tycoon in Vietnam, lost her appeal against a death sentence for a billion fraud, revealing systemic vulnerabilities in the fi...

Supply Concerns Push Coffee Prices Sharply Higher

Supply Concerns Push Coffee Prices Sharply Higher

March arabica coffee (KCH25 ) Friday closed up +16.75 (+5.34%), and January ICE robusta coffee (RMF25 ) closed up +258 (+5.27%). Coffee prices on Friday rallied sharply for a second day. Concerns that future coffee supplies will remain tight are boosting prices. The Vietnam General Statistics Office reported that Vietnam...

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The VinFast VF6 Heads To Europe. It Could Undercut Chinese EVs

Y’know, kudos to VinFast. Despite having one of the worst-reviewed cars in recent memory, which led to the Vietnamese startup having some of the slowest-selling models on the market, it hasn’t given up on its electric vehicle plans. The VF8 has gone through some improvements, which supposedly has made it…

Coffee Prices Soar on Concerns Over Future Supplies

March arabica coffee (KCH25 ) today is up +14.10 (+4.50%), and January ICE robusta coffee (RMF25 ) is up +243 (+4.96%). Coffee prices today are sharply higher for a second day. Concerns that future coffee supplies will remain tight are underpinning prices. The Vietnam General Statistics Office reported that Vietnam...

Vietnam Suspends Chinese Online Retailer Temu Over Registration Issue

Vietnam suspends Chinese online retailer Temu for failing to register, citing concerns over product authenticity and impact on local manufacturers. Regulat...

Coffee Prices Sharply Higher on Dollar Weakness and Delayed Vietnam Coffee Harvest

March arabica coffee (KCH25 ) Thursday closed up +9.80 (+3.23%), and January ICE robusta coffee (RMF25 ) closed up +125 (+2.62%). Coffee prices rallied sharply on Thursday as they recovered more of this week's sharp losses. The weakness in the dollar on Thursday spurred some short-covering in coffee futures. Robusta...

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Coffee Prices Climb on Dollar Weakness and Delayed Vietnam Coffee Harvest

Coffee Prices Climb on Dollar Weakness and Delayed Vietnam Coffee Harvest

March arabica coffee (KCH25 ) today is up +9.05 (+2.98%), and January ICE robusta coffee (RMF25 ) is up +97 (+2.03%). Coffee prices today are moderately higher as they recover more of this week's sharp losses. Weakness in the dollar today spurred some short-covering in coffee futures. Robusta also has...

Could Mass EV Adoption Save Motorcycles In Vietnam's Major Cities?

Could Mass EV Adoption Save Motorcycles In Vietnam's Major Cities?

If you pay any attention to those periodic lists of the top cities in the world with the worst air pollution, chances are excellent that you've seen Hanoi, Vietnam's capital city, on the list more than once.And of course, if you either live there or have ever visited, you probably…

A Traveltech Start-Up Leads The Charge In Vietnam's Booming Medical Tourism

A Traveltech Start-Up Leads The Charge In Vietnam's Booming Medical Tourism

According to the Global Wellness Institute (GWI), global health tourism is expected to grow 21% between 2020 and 2025, outpacing all other sectors in the broader healthcare industry

International Business Times UK

Chinese online retailer Temu suspended in Vietnam

Chinese online retailer Temu suspended in Vietnam

Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and Trade

The Independent UK

Chinese Shopping App Temu Suspended In Vietnam: State Media

Chinese Shopping App Temu Suspended In Vietnam: State Media

Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday.

International Business Times

Dollar Weakness Spurs Short Covering in Coffee

Dollar Weakness Spurs Short Covering in Coffee

March arabica coffee (KCH25 ) Wednesday closed up +8.20 (+2.77%), and January ICE robusta coffee (RMF25 ) closed up +144 (+3.11%). Coffee prices rose sharply Wednesday, recovering some of the significant losses from Tuesday and Monday. Wednesday's dollar weakness sparked some short-covering in coffee futures. Robusta also rose Wednesday on...

Coffee Prices Rebound as Dollar Weakness Spurs Short Covering

Coffee Prices Rebound as Dollar Weakness Spurs Short Covering

March arabica coffee (KCH25 ) today is up +6.75 (+2.28%), and January ICE robusta coffee (RMF25 ) is up +121 (+2.62%). Coffee prices today are moderately higher, recovering some of the sharp losses from Tuesday and Monday. Today's dollar weakness (DXY00 ) has sparked some short-covering in coffee futures. Robusta...

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International Business Times

Renting Romance: Rising Trend Of Hiring Boyfriends In Vietnam Through Social Media

The cost of hiring a boyfriend ranges from a few hundred thousand Vietnamese Dong (US$10 to US$20) for a two-hour outing, to 1 million Dong (US$40) for a family meeting.

International Business Times

Huge Vietnam Fraud Case Raises Questions Over Banking System

A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge.

International Business Times

Vietnam Pushes Electric Motorbikes As Pollution Becomes 'Unbearable'

In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes.

Coffee Prices Settle Lower as Liquidation Continues

March arabica coffee (KCH25 ) Tuesday closed down -0.55 (-0.19%), and January ICE robusta coffee (RMF25 ) closed down -208 (-4.30%). Coffee prices on Tuesday added to Monday's sharp losses, with arabica coffee falling to a 1-1/2 week low and robusta dropping to a 2-1/2 week low. Long liquidation pressures...

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news in one place.

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Long Liquidation Pressures Coffee Prices

March arabica coffee (KCH25 ) today is down -1.50 (-0.51%), and January ICE robusta coffee (RMF25 ) is down -182 (-3.76%). Coffee prices today added to Monday's sharp losses, with arabica coffee falling to a 1-1/2 week low and robusta dropping to a 2-1/2 week low. Long liquidation pressures are...

Evening Standard

Who is Truong My Lan? Vietnamese billionaire sentenced to death in $12bn fraud case

The property tycoon, 68, can still commute her death sentence to life imprisonment

The Guardian - UK

Vietnamese tycoon faces scramble to raise billions to avoid death sentence

Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country

Evening Standard

Truong My Lan: Death sentence upheld for Vietnamese property tycoon over massive fraud

Truong My Lan had been convicted in April of embezzlement and bribery over the fraud amounting to 12.5 billion dollars, nearly 3% of Vietnam's 2022 GDP

Vietnam Upholds Death Sentence For Real Estate Tycoon

Vietnamese court upholds death sentence for real estate tycoon Truong My Lan in billion fraud case, highlighting societal impact and financial repercus...

Vietnam court upholds tycoon’s death sentence for $12bn bank fraud

Truong My Lan’s life could still be spared if she pays back three-quarters of the assets she embezzled.

The Independent UK

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

The death sentence for real estate tycoon Truong My Lan has been upheld in Vietnam’s largest fraud case, the scale of which had raised concerns about the country’s economy

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